Monday 23 September 2013

How to play this volatile market, reasons why markets can correct another 6-8% & more

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Dated:23 September,2013
Top Headlines

Sensex ends below 20,000, down 363 points as rate hike fears hit banks

Falling for the second day, the BSE benchmark Sensex ended about 363 points lower at 19,900.96 as investors continued to unwind positions.


Five reasons why markets can correct another 6-8% in the near term

BofA-ML believes that the risk reward in markets is not favorable. Here is a list of top five factors which may worry traders in the near terms.


Market crumbled under its own weight, not fair to blame Rajan: Analysts

Though the Sensex is still up nearly 9% so far in September, as of data collected on September 22, the sentiment is clearly bearish.


Views on Stocks/Markets
IPO/Global Markets
Rupee / Gold
More 'Market' News
Market Round-up
SENSEX 19900.96 -362.75
NIFTY 5889.75 -122.35
S&P500 1,682.32 10.61
NASDAQ 3,726.90 20.72
USD/INR 62.5740 .00
USD/INR 62.5740 .00
NSE Gainers
Scrip Price(Rs.) %Change
PG Electroplast Ltd.
141.50 + 19.97
Ramky Infrastructure Ltd.
44.00 + 17.33
Kopran Ltd.
16.60 + 14.48
Store One Retail India Lt
29.90 + 11.99
Relaxo Footwears Ltd.
832.45 + 10.99
NSE Losers
Scrip Price(Rs.) %Change
Indiabulls Housing Financ
192.25 -10.21
Bhansali Engineering Poly
16.05 -9.83
Union Bank of India
115.80 -9.57
Bilpower Ltd.
1.45 -9.38
YES Bank Ltd.
327.30 -8.07

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